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WORRIED ABOUT CRASH? ๐Ÿ’” #bitcoinhalving just 3 days and 15 Hours away. Advice for all crypto traders( new and experienced) ๐ŸŽฏ Don't panic.. Stay Calm /Avoid Future trading. ( Also Avoid Leverage) Only do Spot trading because Spot traders will get money back. ๐ŸŽฏ This is not the first time that overall crypto market is dumping. ๐ŸŽฏ Another Strong reason for the crypto market is dumped because of rumours. ๐ŸŽฏ All those who took trade and now going into loss, either selling their coins or thinking of what the hell is going on. ๐ŸŽฏ Let me tell you 1 thing, these ups and down are part of the market and its happening not only today but will happen again and again. ๐ŸŽฏ The journey of Life is strange. You come with nothing & fight for everything & in the end you leave every thing & go with nothing. ๐ŸŽฏ Choose to be happy with whatever you have. Failure will never overtake me (you) if my determination to succeed is strong enough. Follow + ๐Ÿ–ค + ๐Ÿ”ƒ Help us growing ๐Ÿซก $BTC $ETH $BNB #BITCOIN #Binance #BTC #DEX

WORRIED ABOUT CRASH? ๐Ÿ’”

#bitcoinhalving just 3 days and 15 Hours away. Advice for all crypto traders( new and experienced)

๐ŸŽฏ Don't panic.. Stay Calm /Avoid Future trading. ( Also Avoid Leverage) Only do Spot trading because Spot traders will get money back.

๐ŸŽฏ This is not the first time that overall crypto market is dumping.

๐ŸŽฏ Another Strong reason for the crypto market is dumped because of rumours.

๐ŸŽฏ All those who took trade and now going into loss, either selling their coins or thinking of what the hell is going on.

๐ŸŽฏ Let me tell you 1 thing, these ups and down are part of the market and its happening not only today but will happen again and again.

๐ŸŽฏ The journey of Life is strange. You come with nothing & fight for everything & in the end you leave every thing & go with nothing.

๐ŸŽฏ Choose to be happy with whatever you have.

Failure will never overtake me (you) if my determination to succeed is strong enough.

Follow + ๐Ÿ–ค + ๐Ÿ”ƒ

Help us growing ๐Ÿซก

$BTC $ETH $BNB #BITCOIN #Binance #BTC #DEX

Disclaimer: Includes third-party opinions. No financial advice.ย See T&Cs.
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Why BTC and all other cryptocurrencies has fallen? Well, you may think this was a usual fall as same happened recently when BTC failed to break its resistance point. You are completely wrong! The reason behind the fall market is Pre BTC Halving Effectโ€ฆ Letโ€™s look at some data: 1st Bitcoin Halving: Date: November 28, 2012 Reward reduction: 50 BTC to 25 BTC Total Bitcoin supply: About 10.5 million Price 1 day before: Around $11 per BTC 2nd Bitcoin Halving: Date: July 9, 2016 Reward reduction: 25 BTC to 12.5 BTC Total Bitcoin supply: About 15.75 million Price 1 day before: Around $657 per BTC 3rd Bitcoin Halving: Date: May 11, 2020 Reward reduction: 12.5 BTC to 6.25 BTC Total Bitcoin supply: About 18.375 million Price 1 day before: Around $8,600 per BTC 4th Bitcoin Halving (Estimated): Date: April 19, 2024 Reward reduction: Expected from 6.25 BTC to 3.125 BTC Total Bitcoin supply (Estimated): About 19.6875 million Price 1 day before: Cannot be accurately predicted. I know itโ€™s confusing. Let me explain.. How Bitcoin actually works? Well, Bitcoin havenโ€™t started like current ETH based coins where the developers mint as many coin they want and start airdropping. BTC was programmed in a way, that if you need BTC you must mine it. Even the founder of Bitcoin, he also mined Bitcoin and stored in his wallet. The more the number of blocks in the network, the more complicated the mining process gets. Basically miners are behind all the transactions confirmation. If you havenโ€™t read my post on Halving, I would suggest you to go and read all my post. I use most simple words to explain. The issue is, the founder knew, as technology will evolve, mining will be easier. So more and more people will start mining Bitcoin, so market supply will be increasing dramatically. So he decided to write a function that eventually reduces the rewards by half. So in feature, a point will came when the total supply will decrease instead of increasing. And the point is 21 million Bitcoin which will be the max supply of Bitcoin in lifetime.
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